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whiteknight52 - Wed, 03 Jan 07 :

Skiboy10,

You should be able to see past any spelling mistakes that I make and comment on the substance of the message. Which is more important, making money or English lessons?

You want to know why the shares are going up? Behind the scenes a number of Irish investors have been sold this dog by a broker they would usually trust to give them good advice so didn't carry out their usual due diligence, only to find that the company is a ramped up piece of crap with no assets. A group of them are refusing to pay for the shares since they feel they have been misled on key points in the fundraising, not least the amount that was to be raised. As a result, there is some orchestrated buying going on in order to temporarily get the share price up so they calm down but don't bet on it. They're not the type of guys to get caught like this and allow themselves to be made fools of. Expect some negative press at the weekend and the share price to fall in due course once the orchestrated buying is pulled. If, by some miracle, the shares do continue to rise in the short term, professional shorters await on the sidelines licking their lips in anticipation of an easy meal.

Meanwhile, I have it on good authority that you yourself are on the board of the company, or at least representing a director. I can't imagine the FSA would be too happy about that, do you?

I hope my English was okay, have a Happy New Year.


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